why net profit shown liabilities side in balance sheet

Answer Posted / d.p.prabhudas

Liablities includes in Capital,Reserves & Surplus & Carried
Forward balance of Profit

Is This Answer Correct ?    3 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are premises in accounting sense? What is vat adjustment?

731


what is use of cost center category in tally ? why & when use this ? what is benfit ?

1731


hai! i am a BE(computer science) graduate with 54% of aggregate looking for bank clerk job? in interview they are asking why are you looking for a bank job and what guareente that once you are selected ? plz guide me?

1695


Tell me in which account does the unpresented cheque will get recorded?

705


wat is mass allocation and when it is used

1678






What is a comprehensive income?

728


i want to wearies heads under direct expenses and indirect expenses

1625


Explain me how much mathematics knowledge is necessary or required in accounting?

702


Explain compound journal entry.

697


iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.

2694


In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?

1118


Entries to revenues accounts such as service revenues are usually?

1691


What is the use of form D in sale tax

1545


Define dual aspect term in accounting?

729


What is an interest rate swap

1785